Monday, 28 July 2014
Last updated 10 hours ago
Oct 29 2013 | 7:46am ET
Private-equity firm Tailwind Capital is seeking $750 million for its second independent fund—and its first since the exit of one of its three co-founders.
The fundraising goal is actually less than either of New York-based Tailwind's previous funds. Tailwind Capital Partners I raised $775 million in 2008, and the firm was created in 2003 to manage the $1.3 billion Thomas Weisel Capital Partners Fund.
MVision Private Equity Advisors is marketing the fund, according to a Securities and Exchange Commission filing. It is unclear how much has been raised to date.
The new fund follows the departure of co-founder Douglas Karp in March. Karp has since founded p.e. shop Pacific Partners.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…